Rice University

Add Comparison
2023 Undergraduate Tuition
$57,210
5.75% growth from 2022
2023 Average Net Price
$20,587
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
7.88%
31,059 Applicants
2023 Enrolled Students
8,556
93.2% Full-Time
2023 Graduation Rate
95.7%
998 Graduates

About

Rice University is a higher education institution located in Harris County, TX. N/A

In 2023, 2,924 degrees were awarded across all undergraduate and graduate programs at Rice University. 41.2% of these degrees were awarded to women, and 58.8% awarded men. N/A

N/A

In 2020 the default rate for borrower's at Rice University was 0%, corresponding to 0 out of the 437 total borrowers.

About the photo: Duncal Hall at Rice University

Costs

N/A

After taking grants and loans into account, the average net price for students is $20,587.

In 2023, 63% of undergraduate students attending Rice University received financial aid through grants. Comparatively, 6% of undergraduate students received financial aid through loans.

Tuition Costs

$57,210
2023 Undergraduate Tuition

In 2023, the cost of tuition at Rice University was $57,210. N/A

This chart compares the tuition costs of Rice University (in red) with those of other similar universities.

View Data
Save Image

Average Net Price

$20,587
2023 Value
3.44%
1 Year Growth

In 2023 Rice University had an average net price — the price paid after factoring in grants and loans — of $20,587. Between 2022 and 2023, the average net price of Rice University grew by 3.44%.

This chart compares the average net price of Rice University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

View Data
Save Image

Other Student Expenses

$15,000
Room and Board
$1,350
Books and Supplies

The average yearly cost of room and board at Rice University was of $15,000 in 2023. The cost of room and board increased by 1.35% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,350. The cost of books and supplies increased by 3.85% during the same period.

This chart compares the average student costs at Rice University (in red) with that of similar universities.

View Data
Save Image

Financial Aid by Income Level

63%
Undergraduates Receiving Financial Aid through Grants
6%
Undergraduates Receiving Financial Aid through Loans

63% of undergraduate students at Rice University received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Rice University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

View Data
Save Image

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Rice University was 0%, which represents 0 out of the 437 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

View Data
Save Image

Admissions

Rice University received 31,059 undergraduate applications in 2023, which represents a 1.22% annual growth. Out of those 31,059 applicants, 2,447 students were accepted for enrollment, representing a 7.88% acceptance rate.

There were 8,556 students enrolled at Rice University in 2023. 50% of first-time enrollees submitted SAT scores with their applications.

Rice University has an overall enrollment yield of 46%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

7.88%
Acceptance Rate in 2023
2,447
Accepted Out of 31,059

In 2023, the undergraduate acceptance rate of Rice University was 7.88% (2,447 admissions from 31,059 applications). This is lower than the acceptance rate of 2022, which was 8.68%. Between 2022 and 2023, the number of applicants declined by 1.22%, while admissions declined by 10.4%.

This chart compares the acceptance rate of Rice University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

View Data
Save Image
Add Data to Cart
View Data
Save Image

SAT Scores

50%
Submission Percentage (2023)
567
Scores Submitted (2023)

50% of enrolled first-time students at Rice University in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

View Data
Save Image

Enrollment

Rice University had a total enrollment of 8,556 students in 2023. The full-time enrollment at Rice University is 7,972 students and the part-time enrollment is 584. This means that 93.2% of students enrolled at Rice University are enrolled full-time.

The enrolled student population at Rice University, both undergraduate and graduate, is 26.4% White, 21% Asian, 12.9% Hispanic or Latino, 7.37% Black or African American, 3.85% Two or More Races, 0.129% American Indian or Alaska Native, and 0.0818% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rice University in full-time Undergraduate programs are most commonly White Male (15.7%), followed by Asian Female (15.6%) and Asian Male (13.6%). Students enrolled in full-time Graduate programs are most commonly White Male (17.8%), followed by White Female (9.02%) and Asian Male (6.22%).

Full-Time vs Part-Time Enrollment

93.2%
Full-Time Enrollment

The total enrollment at Rice University in 2023, both undergraduate and graduate, is 8,556 students. The full-time enrollment at Rice University is 7,972 and the part-time enrollment is 584. This means that 93.2% of students enrolled at Rice University are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Rice University (in red) compares to similar universities.

View Data
Save Image

Retention Rate over Time

98%
2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Rice University was 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Rice University had a retention rate higher than its peers.

This chart shows the retention rate over time at Rice University (highlighted in red) compares to similar universities.

View Data
Save Image

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    2,261 enrolled students
  2. Asian
    1,801 enrolled students
  3. Hispanic or Latino
    1,102 enrolled students

The enrolled student population at Rice University is 26.4% White, 21% Asian, 12.9% Hispanic or Latino, 7.37% Black or African American, 3.85% Two or More Races, 0.129% American Indian or Alaska Native, and 0.0818% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 155 students (1.81%) did not report their race.

View Data
Save Image
Add Data to Cart
View Data
Save Image

Graduates

In 2023,  the most specialized majors across all degree types at Rice University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Math & Statistics (172 degrees awarded), Architecture and Related Services (58 degrees), and Physical Sciences (134 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Rice University are Software developers (1,120,768 people), Other managers (487,986 people), Miscellaneous engineers, including nuclear engineers (415,298 people), Civil engineers (313,034 people), and Postsecondary teachers (226,803 people).

The most specialized majors at Rice University in 2023 are Math & Statistics (172 degrees awarded), Architecture and Related Services (58 degrees), Physical Sciences (134 degrees), Engineering (396 degrees), and Computer and Information Sciences and Support Services (460 degrees) (as of 2023).

View Data
Save Image

Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rice University are Podiatrists, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at Rice University are Math & Statistics (172 degrees awarded), Architecture and Related Services (58 degrees), Physical Sciences (134 degrees), Engineering (396 degrees), and Computer and Information Sciences and Support Services (460 degrees) (as of 2023).

View Data
Save Image

Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Rice University are Computer Systems Design (566,939 people), Architectural, engineering & related services (467,237 people), Colleges, universities & professional schools, including junior colleges (419,635 people), Construction (318,515 people), and Elementary & secondary schools (312,104 people).

The most specialized majors at Rice University are Math & Statistics (172 degrees awarded), Architecture and Related Services (58 degrees), Physical Sciences (134 degrees), Engineering (396 degrees), and Computer and Information Sciences and Support Services (460 degrees) (as of 2023).

View Data
Save Image

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Rice University.

In 2023, the most common masters degree concentration at Rice University was Other Management Sciences & Quantitative Methods with 631 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Rice University according to their major.

View Data
Save Image
Add Data to Cart

Sex Breakdown for Common Majors

1,719
Degrees Awarded to Men
in 2023
1,205
Degrees Awarded to Women
in 2023

In 2023, 1,719 degrees were awarded to men at Rice University, which is 1.43 times more than the number of degrees awarded to females (1,205).

This chart displays the sex disparity between the top 5 majors at Rice University by degrees awarded.

View Data
Save Image
Add Data to Cart

Most Common Male Majors

In 2023, 433 degrees were awarded to men at Rice University in Other Management Sciences & Quantitative Methods, which is 2.18 times more than the 199 female recipients with that same degree.

View Data
Save Image
Add Data to Cart

Most Common Female Majors

In 2023, 199 degrees were awarded to men at Rice University in Other Management Sciences & Quantitative Methods, which is 0.46 times less than the 433 male recipients with that same degree.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    545 degrees awarded
  2. White Female
    310 degrees awarded
  3. Asian Female
    284 degrees awarded

The most common race/ethnicity and sex grouping at Rice University is white male (545 degrees awarded). There were 1.76 times more white male recipients than the next closest race/ethnicity group, white female (310 degrees).

View Data
Save Image
Add Data to Cart

Operations

Rice University has an endowment valued at nearly $7.7B, as of the end of the 2023 fiscal year. The return on its endowment was of 182M (2.36%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Rice University had a total salary expenditure of 959M. Rice University employs 318 Professors, 184 Assistant professors and 131 Lecturers. Most academics at Rice University are Male Professor (240), Male Assistant professor (100), and Female Assistant professor (84).

Endowment

$7.7B
2023 Endowment
1.84%
decline from 2022

Rice University has an endowment valued at about $7.7B, as of the end of the 2023 fiscal year. The endowment of Rice University declined 1.84% from the previous year. The value of their endowment was $7.27B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Rice University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

View Data
Save Image
Add Data to Cart
View Data
Save Image

Instructional Salaries

$127M
Instructional Salaries
779
Number of Employees

In 2023, Rice University paid a total of $127M to 779 employees working as instructors, which represents 30% of all salaries paid.

This is compared to a median of $N/A (N/A%) for similar N/A.

View Data
Save Image

Occupations by Share

Professor
Most Common Instructor
318 Employees

In 2023, the most common positions for instructional staff at Rice University were Professor with 318 employees, Assistant professor with 184 employees, and Lecturer with 131 employees.

View Data
Save Image
Add Data to Cart

Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Male Assistant professor
  3. Female Assistant professor

In 2023, the most common demographic for instructional staff at Rice University was Male Professor with 240 employees, Male Assistant professor with 100 employees, and Female Assistant professor with 84 employees.

This chart shows the sex split between each academic rank present at Rice University.

View Data
Save Image
Add Data to Cart